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Big Oil Giant BP Banks Blockbuster Profits as Climate Disasters Strike Across the Globe
['Jessica Corbett', 'Brad Reed', 'Julia Conley', 'Jake Johnson', 'Brett Wilkins']
Common Dreams
Scientists estimate that emissions from just five fossil fuel corporations – BP, Chevron, ExxonMobil, Shell and TotalEnergies – were sufficient to cause around one in four of the heatwaves recorded globally between 2000 and 2023.
Those same five companies are now announcing another blockbuster quarter of fossil fuel profits.
The Make Polluters Pay coalition says governments meeting in New York should seize the moment to get behind it.
Governments have a real chance this month, at the UN tax talks in New York, to finally make the polluters pay.
Calls are growing across the political spectrum for a proper global profits tax, so the industry that helped cause these disasters pays towards the recovery, the solutions and the protection people need.